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HDFS Adjusts Underwriting Amid Rising Credit Losses

Natalie Mattila

hdfs-npa-auction-2Annualized net losses continue to rise at Harley-Davidson Financial Services — reaching 1.6% in the third quarter, which has caused the company to “adjust” its underwriting in oil-dependent areas, John Olin, Harley-Davidson Inc.’s chief financial officer, said during the company’s third-quarter earnings call today.

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